Page 63 - August-2020-Issue

in the premises of IIT Hyderabad with a focus to The agreement was signed by Mr. Binay Mallik,
foster, nurture and incubate start-up companies AGM (Business Development), NVVN and Mr.
with new and innovative ideas in deep technology. Navlendra Kumar Singh, Director (Transport),
NMDC would contribute tentatively Rs 10 Crore A&N recently, in the presence of Mr. Mohit
for the five-year joint incubation program, and in- Bhargava, CEO, NVVN and other senior officials of
tends to support at least 15 start-ups. The objective NTPC and NVVN.
of NICE is to promote the spirit of Innovation and
Entrepreneurship in the country. PFC inks MoA for 100-bed
Speaking on occasion Mr. N. Baijendra Kumar, IAS,
CMD, NMDC said 'The program aims to promote hospital in Mizoram Amid
innovation and entrepreneurship across pan India Presence of Hon’ble Chief
by converting and translating technological ideas
and innovation in various disciplines of science Minister

and engineering into products, processes and ser-
vices for commercial exploitation and the benefit of
society.

NTPC Forays into Electric Bus

Business

PFC officials of Govt of Mizoram exchanging MoA
documents in the presence of Hon'ble Chief Minister of
Mizoram, Mr. Puzoramthanga and Mr. P. K. Singh, Director
(Commercial) PFC.

Power Finance Corporation (PFC), India's lead-
ing NBFC, inked an MoA with Health Dept Govt.
Exchange of documents after signing of Agreement Mizoram for the construction of a 100-beded
between NVVN and Deptt. of Transport, A&N Islands. Hospital at Mamit district at a cost of Rs.18 crore
under its CSR initiative.

NTPC Vidyut Vyapar Nigam Ltd (NVVN), a whol- The MoA (Memorandum of Agreement) was
ly-owned subsidiary of NTPC, has signed an agree- signed by Mr. H. Lalengmawia, IAS, Secretary,
ment with Department of Transport of Andaman Health,Govt. of Mizoram and Mr. R. Murahari,
& Nicobar Islands for the deployment of electric Executive Director (CSR&SD) PFC in pres-
buses in the Union Territory. Under this project, the ence of Hon’ble Chief Minister of Mizoram, Mr.
company is offering a complete transport solution, Pu Zoramthanga and Mr. P.K. Singh, Director
including twenty air-conditioned electric buses of (Commercial) PFC.
nine metres each in phase 1. Apart from deploy- The proposed Hospital would provide medical care
ment of electric buses, NTPC and Andaman ad- to the needy people in the villages of Mamit District
ministration are collaborating for setting up public which is an Aspirational District and also adjoining
charging infrastructure in the Island. villages of Bordering States.

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